Wells Fargo & Co (BUE:WFC)
ARS 15100 100 (0.67%) Market Cap: 211.77 Tn Enterprise Value: 240.87 Tn PE Ratio: 13.33 PB Ratio: 1.30 GF Score: 49/100

Wells Fargo & Co at Credit Suisse Financial Services Forum Transcript

Feb 14, 2023 / 01:35PM GMT
Release Date Price: ARS3597 (+1.05%)
Susan Roth Katzke;dit Suisse AG
CrÃ;Research Division - MD & Senior Analyst

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So good morning, again, to everybody in the room. For those of you with us virtually, I'm Susan Katzke. I cover the large-cap banks for Credit Suisse. And our next presenting bank this morning is Wells Fargo, again, this year, a top pick in the bank space, given both the progress and the increasingly clear potential for this bank to materially improve the returns that you generate.

I'm pleased to be joined once again by CFO, Mike Santomassimo, year 3 in this role at this conference. So we're going to jump right in. We've got a lot of ground to cover over the next 40 minutes here.

Questions & Answers

Susan Roth Katzke;dit Suisse AG;Michael P.
CrÃ;Research Division - MD & Senior Analyst

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And let's start really by level setting around the macro. Let's talk about the operating environment and what, if anything, has changed in your view around the macro in the 4 to 5 weeks since earnings.

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